Study by Agora Energiewende finds Germany’s electricity system can easily support four-times as much solar PV as currently installed, provided affordable battery storage of 40 GW is integrated into energy mix.
The state of Western Australia is “weeks away” from delivering a regulatory solution to allow battery storage systems to be installed and, importantly, to feed electricity back into the grid. The move has been heralded by state Energy Minister and Treasurer Mike Nahan who noted that solar PV will likely account for the bulk of generating capacity added to the states grids in the future.
Australia could become world-leader in solar+storage deployment for the home by 2018, report finds, as affordable battery technology pours into the market, swelling solar uptake in the process.
Mercom Capital found that both VC and debt/public markets funding levels in the battery and energy storage field have fallen during 2015, despite a continued strong outlook in the energy storage market.
While immediately closing net metering, Hawaiian regulators also published new rules for self-consumption and an order for HECO to create time-of-use rates.
SMA Solar Technology AG has been contracted by South Korean utility, KEPCO, to supply 24 of its storage battery inverters and system technology to a 24 MW energy storage project. The delivery is scheduled for November.
Australian Minister for the Environment Greg Hunt appears to be shaping towards initiating subsidies for the installation of battery storage. The Minister addressed attendees on the opening day of the All Energy trade show in Melbourne yesterday, indicating that new programs to support cleantech deployment may be forthcoming, declaring that energy storage is the new black.
Pangaea Ventures invests in the Oregon-based developer’s All-Iron Redox Flow Battery as part of a wider $4.5 million round of fundraising the company has secured to aid production ramp up.
Following a vibrant Solar Power International exhibition, pv magazine investigates the deepening relationship between U.S. utilities and the solar industry, plus Australia and home storage are also in the spotlight.
New Zealand’s largest gas and electricity utility Genesis Energy will trial Enphase Energy’s new storage system as part of the U.S. microinverter specialist’s Home Energy Solution.
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